Trader-Dan

GOLD - Support zone

Trader-Dan Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold is back at the 200dma which has now flattened out . A loss of this level could see price back at $18.80.

Alternatively, bulls need to hold the level and break $1943 for further upside.

September seasonally a good month for Gold whilst October being one of the worst.
Comment:

Gold now reached next downside level at $1864 after failing to break $1943

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